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URL:  http://boards.fool.com/in-response-to-your-ten-mental-exercises-leading-12312717.aspx

Subject:  Re: Ten Mental Exercises Leading To Freedom Date:  3/30/2000  11:23 PM
Author:  tomandkim Number:  7217 of 794661

In response to your ten mental exercises leading to freedom, they all sound great. One doesnt know how much he spends until you look at things this way.
But, if everyone does this, our economy would be ruined.

This would creat a huge freefall in our system.
I get your point on control of your resources. I do agree on the norm of savings is 10-15% of your earnings ,this is a trap. At one time i was saving 20-30% of my income. I have a family and a mortgage, with that comes more expenses. I try to save by cutting my trips to school during the day. I travel 6 miles a day to and from school. I like to order pizza on the weekends while im studying. Dont misunderstand what im trying to say here ,its just that not everyone can do all of these things, if they do, what effect is it going to have on our economy of credit? I look at it this way, I try to watch my spending and save as much as i can, I let the other people spend all their money and i invest mine. The investing has paid off.In one of my classes, marketin